Question: Consider a monopolist with a constant marginal cost function that faces a linear demand curve. Comparing a specific tax and an ad valorem tax that

Consider a monopolist with a constant marginal cost function that faces a linear demand curve. Comparing a specific tax and an ad valorem tax that result in the same quantity being produced and sold after either tax isintroduced, which of the following statements istrue?

A. Governmentrevenueishigherunderthespecifictax.

B. Producersurplusishigherunderthespecifictax.

C. Governmentrevenueishigherunderthespecifictax.

D. Socialsurplusishigherunderthespecifictax.

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